Clean Energy Loan Guarantees Under Fire

RenewablesBiz

A U.S. House committee put the Obama administration clean energy policy on trial as it considered legislation that would essentially end the federal loan guarantee program for clean energy technologies.

Dubbed the “No More Solyndras” Act, the law would sunset the program with the applications that were filed by last Sept. 30. The bill is named after the showcase solar manufacturing company that received the first loan guarantee and later declared bankruptcy.